Business Details
7 Years
experience
Affordable Multifamily Housing Development Experts
McDowell Properties was founded in 2019 to address the critical need for affordable housing in the United States. Our team of seasoned professionals brings decades of experience in multifamily development, financing, and construction. We prioritize partnerships with federal, state, and local stakeholders to deliver high-quality housing communities. Our leadership averages over 25 years of expertise in navigating complex financial structures like LIHTC tax credits. We maintain a triple-bottom-line approach, focusing on social, environmental, and economic value creation. Our in-house teams manage construction risk, compliance, and asset performance through innovative design-build methodologies.Our track record includes securing funding for 22 affordable communities totaling over 3,100 units in Florida and Texas. We leverage cutting-edge technologies in construction management, including drones and digital mapping tools. Our compliance team ensures adherence to all federal, state, and investor requirements across our portfolio. We have become a respected player in the LIHTC sector through strategic project execution and stakeholder collaboration.
Services
Affordable housing development
LIHTC financing structuring
Construction management
Asset design services
Compliance monitoring
Details
- Year established: 2019
Highlights and features
- We offer 50+ years of industry leadership in multifamily housing development
- Our team implements a patented process for navigating complex LIHTC financing structures
- We provide 24/7 personalized customer support for community stakeholders
- Our company is ISO 9001 certified for quality management systems
- We operate with full transparency and no hidden fees in all our partnerships
What people say
Award-winning developments
Innovative financing solutions
Community-focused approach
Services
Affordable Housing Development
We develop high-quality affordable housing communities through strategic site selection and innovative design solutions. Our end-to-end process includes financing structuring, construction management, and long-term asset stewardship. Our developments incorporate essential resident amenities and community spaces that address local housing needs.
LIHTC Financing Structuring
We specialize in navigating complex Low-Income Housing Tax Credit financing structures. Our expertise includes securing tax credit awards and creating public-private partnerships. We maintain an 85% success rate in tax credit applications across multiple states.
Construction Management
Our team manages construction from concept through certificate of occupancy. We utilize drones and digital mapping tools for cost tracking and schedule management. Our professionals oversee $2.5 billion in annual construction projects across diverse geographic markets.
Asset Design Services
We create market-specific designs that integrate with local community aesthetics. Our services include exterior color selection, interior renovations, and amenity space development. We combine Feng Shui principles with modern design trends for optimal resident appeal.
Compliance Monitoring
Our dedicated team ensures adherence to IRS LIHTC regulations and investor requirements. We manage annual tax filings, audits, and investor reporting. We maintain 100% compliance tracking across our portfolio of affordable housing assets.
People
W. Patrick McDowell
Chairman & CEO
Founder with 50+ years of real estate experience. Former partner at Metric Realty. Served on HUD advisory committees and currently on NMHC board. Stanford and UC Berkeley educated.
Christopher Shear
President
Affordable housing expert with career spanning 4,000+ units. Former leadership roles at prominent developers. Holds economics degree from University of Wisconsin-Madison.
Brian Ivy
Executive Vice President of Development
Led financing teams at Conifer Realty and practiced law for affordable housing projects. Yale, London School of Economics, and William and Mary Law educated.
Jessie Reyes
Senior Vice President of Construction
Construction management specialist with $750 million in career projects. Licensed General Contractor in Florida. Florida International University graduate.
Henry Phillips
Vice President of Finance
Housing finance expert with experience at Juno and NRP Group. Led 30+ LIHTC transactions. University of Michigan graduate.
Questions
What is McDowell Housing Partners' primary focus area?
We specialize in developing affordable multifamily housing communities through LIHTC financing across Florida and Texas.
How does MHP secure funding for projects?
We utilize complex financing structures including LIHTC tax credits, public-private partnerships, and strategic investor relationships.
What makes MHP different from other developers?
Our in-house design-build methodology combines construction expertise with compliance management for end-to-end project control.
How can I apply for housing at MHP properties?
Contact details for our managed communities are available through our portfolio page or direct inquiries to our offices.
What sustainability practices does MHP implement?
Our developments incorporate energy-efficient designs, environmentally responsible materials, and LEED-certified building practices.
